300-400 RPM lower would be better in your case, considering (on paper) 35" requires 4.56.In my case I am running boost, 4.88 gears, and 35" tires. The truck rarely downshifts and pulls hard on the freeway but at 75-80 mph, it is getting up to that 3000 rpm point and a lower overdrive (5th in this case) would be really nice for long runs.
There are some readily available boost options coming for the 1FZ-FE and I feel this might be a great companion system.
I can see your point with a taller 5th.